Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ April 23, 2024 Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
Mark Kleinman: Proxies, a stock market exodus and a Kingfisher mystery April 18, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column.
Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’ April 15, 2024 Tesla boss Elon Musk said: “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry."
FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.
Are Tesla and Apple losing the big tech war? Here’s how Microsoft, Meta, Amazon, Nvidia and Alphabet compare April 6, 2024 Tesla has tanked over 30 per cent while Apple is down roughly nine per cent since year to date, compared to the S&P 500 which has risen.
World’s richest people revealed as top 20 add $700bn to their wealth April 2, 2024 The world's 20 richest people have added around $700bn to their combined wealth over the last year, according to Forbes latest rich list.
Tesla misses delivery targets by over 60,000 cars as growth grinds to a halt April 2, 2024 Tesla missed the consensus Wall Street estimate of 449,080 deliveries by more than 62,000, its largest margin to date.
Worst corporate jargon of the week: Blue sky thinking March 28, 2024 City A.M.'s stand against corporate jargon this week takes aim at blue sky thinking, domain of self-help gurus who we'd rather see on Mars.
Neurodiversity isn’t an obstacle in business, it’s an intrinsic driver of success March 23, 2024 Awareness around neurodiversity is improving, but the narrative of it as an obstacle to rather than driver of success needs to change.
Talent agency that looks after Simon Cowell, Graham Norton and Claudia Winkleman sold for £60m March 19, 2024 The London talent agency that represents the likes of Simon Cowell, Graham Norton and Claudia Winkleman has been sold for £60m.